Will Lean kill creativity in innovation
All outstanding business success is the result of innovative project work
In order to establish an innovative work process, it is essential to blend creativity & efficiency in the right ratio. This is true individually for team members, but also for collaboration within a team. Most professionals know that Lean can help increase efficiency, but how does Lean influence creativity?
Business Model Innovation
Short-term competitive advantage is created by exploiting existing business models. However, in the long term, all markets mature, competition intensifies and turbulence increases. Consequently, new sources of growth must be explored, and fresh answers to enduring success must be found.
The Speed Dilemma
Imagine yourself being in charge of a company that delivers the best quality product to the market. You deliver faster than the competitors. You use less resources than the others. Employee satisfaction is skyrocketing. And best of all, you can spend the majority of your time developing your people and setting the strategic direction for your company.
Innovate Through Vertical Integration
Vertical integration has been at the forefront of management thinking since Henry Ford’s fully integrated manufacturing plant in Dearborn. Since the birth of Core Business thinking the discussion has focused on what should be done inside the company and outside by partners and suppliers.